Reported 2 days ago
The European Central Bank (ECB) has reduced interest rates for the seventh time this year to support the struggling euro zone economy, affected by U.S. tariffs. Policymakers have noted a deterioration in the growth outlook due to rising trade tensions, leading to unanimous agreement on the rate cut. Analysts anticipate further easing may be necessary, indicating the ECB is prepared to adjust rates based on evolving trade negotiations and economic conditions.
Source: YAHOO